BTCUSD 4HOUR chart pattern ......

BTC/USD 4-Hour Chart Analysis – Bearish Breakdown Setup
(BTCUSD)

Support Zone: Clearly marked, broken to downside

Resistance Zone: Previous highs creating wedge formation


📉 Trade Setup:

Entry Point: ~$104,200 (after wedge breakdown confirmation)

Target Point: ~$96,000 (major support + projected move from wedge height)

Stop Loss: Above $106,500 (near wedge breakdown retest)


⚖️ Risk to Reward Ratio (RRR):

Risk: 2,300 points

Reward: ~8,000+ points

RRR: Approximately 1:3.5+


📌 Summary:
This BTC/USD 4H chart displays a clear Rising Wedge Breakdown, supported by Ichimoku resistance and a shift below the cloud. Price action confirms a strong bearish bias aiming toward the next support zone near $96,000. A well-calculated setup offering a solid risk-reward ratio, ideal for swing traders.

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